Listed below are some of the money transfer brokers who can offer you better currency exchange rates when doing a money transfer abroad. Or search our approved FSA brokers
It is advised that if you are making regular transfers to use a foreign exchange broker to ensure you get the most out of your exchange rate.
Currency for Malta
The Euro (EUR) is now the official currency of Malta. Malta's prior currency, the Maltese Lira, has now been phased out as legal tender and is no longer accepted.
Credit Cards accepted
The following credit cards are accepted Visa, Maestro, Electron and MasterCard, Also others are all widely accepted, as well as Euro cheque cards. Always check with your credit card company for details of merchant acceptability and other services which may be available before you go on holiday or travel aboard / overseas
Traveller's cheques
Facilities for changing travellers cheques can be done at any bank, airports, hotels and
bureau de change. Prior to travel, visitors should ensure they have a variety of currency options available to them (Sterling or Euros) in cash.
Currency Exchange
Visitors can exchange money at any bureau de change shops and at any local bank. Many banks offer differing exchange rates depending on the denominations of currency being bought or sold. Some hotels are authorised to exchange foreign currency.
Malta Banking open and closing hours
Banks are generally open from 08.30 am to 12.30 pm Monday to Friday and will definitely be closed on public holidays.
Tipping - Tipping is accepted in Malta, 15% is usual; but generosity never goes out of fashion.
Sending money to Malta is easy, just open an account with a money transfer broker then once your account is opened you can then transfer money to Malta and even make regular transfers. Use compare money transfer to see foreign exchange companies offering currency deals.
Paying your mortgage, Importing or exporting, paying oversea suppliers? No matter who you intend to pay use a foreign exchange broker it is cheaper than using high street banks.